QUESTION 16 You are analyzing the stock of XYZ firm where its current stock price is 35%. The firm just paid an annual dividend of 0.105 and it is expected that the dividend will grow at 5% in the coming two years and then increase by 4% per year thereafter. You estimate that the required return of the stock is 10%. Estimated the stock price of XYZ And, is the stock is fairly, overpriced or underpriced. T T T Arial 3 (121) T